EurOil - Europe Oil & Gas

Ascent Resources says potential funder halted talks on litigation against Slovenia

Europa awaits Wressle launch, continues search for farm-in partners

Oil plunges again after IEA paints bleak picture

European refiners react to fuel demand collapse

Canada-based Valeura says its oil and natural gas production in Turkey continues

Albania’s Bankers Petroleum cuts oil production due to coronavirus crisis

Pipeline delivering Iranian gas to Turkey remains out of operation two weeks after suspected terrorist attack

Iran and Turkey assure Azerbaijan they have not provided Nagorno-Karabakh or Armenians with COVID-19 relief

UK well services provider wins $56mn in contracts

Norway to decide soon on oil supply cut

SOCAR, BP delay greenlight for $1.6bn Turkish petchem venture

OPEC+ cuts deep into global supply, but not deep enough

Ineos pushes Forties closure back to 2021

Saudi fund buys into European oil

Oil prices give up early gains as analysts say new OPEC+ production cuts not big enough

Höegh LNG takes steps to mitigate against market conditions

Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.

PGNiG starts small-scale LNG operations in Lithuania

Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.

Total agrees to charter LNG-fuelled VLCCs

France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).

Ascent Resources receives LOI for up to €3mn potential litigation funding in Slovenia

Norway open to playing role in global cuts

MOL withdraws 2020 EBITDA guidance